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Niagara Mohawk Is in Talks
To Sell Nuclear-Power Assets

SYRACUSE, N.Y -- Niagara Mohawk Power Corp. said it is in talks to sell its nuclear-power assets as part of a strategy to leave the power-generation business and concentrate on distribution.

The company said it plans to sell the Nine Mile Point Unit 1 nuclear plant and its 41% stake in Nine Mile Point Unit 2, both in Scriba, N.Y., which together employ 1,350 workers. A spokesman declined to identify the potential buyer.